There is nothing in the above verse that tells the reader how God created the heaven and Earth, nor is there any indication given of exactly when He created the heaven and Earth except, "In the beginning..." He did create it.
Earth scientists estimate that the age of the planet dates back to about 4.5 billion years ago at the beginning of an obscure geologic time named the Hadean Eon. The name is from the Latin word Hades and is descriptive of what scientists theorized was the state of the Earth when it first formed.
The prevailing theory was that the Earth accreted from rocks and dust orbiting the young sun.
At that time, the Earth's surface was believed to have been covered by an ocean of magma that eventually cooled.
Then, when the planet's surface was cool enough, the water oceans were formed and things progressed from there.
The truth of the matter is, scientists didn't know any of this for sure because there are no remaining rock formations from that far back in Earth's geologic record. It was only a theory that, at the time, seemed to fit the available observations.
Then, in 2002, a startling discovery was made that is causing scientists to rethink their theories. A tiny Zircon crystal inclusion, found in an Australian rock formation, presented a Uranium/Lead ratio that dates the Zircon crystal to about 4.38 billion years ago. That, in itself, was a stunning enough discovery, but what happened next rendered a fatal blow to the prevailing theory of Earth's formation. Specifically, a subsequent chemical analysis of that same crystal revealed that it formed 4.38 billion years ago, in LIQUID WATER.
In the Holy Bible, the description of the Earth's original creation is not found in the book of Genesis. It is found in the book of Job:
In this Bible passage we are told that liquid water was present from the very beginning of Earth's creation. Both the zircon crystal and the Bible are agreed on this truth. This means the early Earth was not formed from the hellish molten planet that theorists had long presumed. The Bible is not a science book, but it can be trusted to be scientifically accurate when it speaks of things concerning science. In this case, the Bible was ahead of the scientists concerning the truth of the matter. And the Holy Bible reveals other important considerations about the Earth's ancient creation:
The early Earth was created to be inhabited, not by men, but by the Angels. Job 38:4-11 reveals that the Lord God was not inhabiting eternity alone in those ancient days when He first formed the Earth. Also present are living entities who are figuratively called "the morning stars" that sang and "the sons of God" who shouted. The passage in Job suggests these beings were quite enthusiastic about the result of God's handiwork. That is because these spiritual beings were destined to be the first inhabitants of the ancient Earth. But who or what were they? The Bible identifies them as Princes (see Daniel 10:13, 21 & 12:1) and Angels (see Judges 13:6 & Revelation 21:17) respectively.
The Spirit also reveals through the Scriptures that a significant event took place on the Earth somewhere back in deep-time that profoundly affected the destiny of many of these ancient beings and set in motion both physical and spiritual processes that would change the entire course of nature. We will discuss this matter in detail in later chapters.
The important thing to understand for now is that these events in Earth's ancient history all took place long before the time of the Bible's seven-days of Genesis. There is a time-gap in the Genesis narrative between the first and second verses of Genesis chapter one. On this website you will learn why this is so.
Here is a brief video presentation that summarizes this thesis: »
This study of Old Earth Creationism, the "Gap Theory" and Noah's flood deals with a variety of dispensational Bible doctrines and scientific concepts. We recognize the Holy Bible as the Final Authority on all matters of faith, with observations from multiple fields of study, including geology, physics, chemistry, paleontology and meteorology presented as supporting material.
Considerable effort has been made to present this exegesis in a format that is comprehensible to the widest possible audience.
This study also deals with various subjects of the Bible including literal history, Premillennial Eschatology, the doctrines of Salvation and eternal security of the believer, the origins of angels and devils, the structure of the Temple, the divisions of the body, soul, and spirit, the structure of the three (3) heavens and the Biblical systems of sevens. We also focus on the role of geology and the history of the lost rivers of the Garden of Eden and the role of geology in future prophecy.
Original Source: kjvbible.org